PREMIUM BONDS

[Blondeshavemorefun]

New thread for when old one is full and for October - exciting time as lots more prizes for October - less £25 ones but many more £50

Friday 30th is last working day of the month so maybe one of us will get THAT VISIT - saying won a million - blondes faints

wouldn’t it be lovely if we all won something even £50 in October

I have almost full holdings and DD £9k. I won £25 for the second month in a row. DD nothing. Bad run 🤦🏻‍♀️

Not sure who was the highest winner

All seemed to be low wins

But better than nothing

0 for me on FH.
£75 for DH on FH.

But of a meh month for us.

£100 this month. Just over £2k won in 2022.

That's really good!

Just totting up what I'd won in 2022 - around £700 - which is average and works out at 1.4% interest.

Happy news from NSI in that from January, the new 'interest rate' for premium bonds is going up further to 3% ...... it was 2.2% from October.

www.nsandi.com/interest-rates

Interesting that the new change isn't increasing the number of prizes in total but the number of higher and medium value prizes is increasing a lot whilst the lower value prizes are decreasing in numbers.

www.nsandi.com/get-to-know-us/monthly-prize-allocation

It feels like they are phasing out the £25 prize.

I am pleased to see the increase :)

Hoping that means a happy new year for the January draw 🤞

If the chances stay the same but if you win it's bigger that sounds good to me 😁

On a year of FH, I won £525 and DH won £500 - total is £100 more than last year (but we got £375 this draw!)

It used to be £50 a few years ago.

www.moneysavingexpert.com/news/2022/12/nsi-premium-bond-rate/

I’d rather they upped the odds of winning the lower prizes, rather than decreasing them as part of increasing the higher prizes.

Ive got a FH and live the idea of winning big even if it’s statistically unlikely. I’d much rather have my average return being a bit higher (with still a small chance of winning big), which is much more likely with more £25 prizes.

I always get confused about which draw is which - which date will be the first at the new rates?

The app says next results will be January 4th.

so would the million be on Tuesday 3rd? Since Monday 2nd is a bank holiday

This is great news, they've pretty much tripled the chances of winning every prize from £500 to £100,000. And now there's nearly as much chance of winning either £50 or £100 as there is of winning £25.

53 of my 54 prizes have been for £25 and I was getting a bit bored of it.

I am not great with numbers? Are the odds of winning a prize the same? You are just more likely to get a bigger prize?

Thought million was last working day of the month so Fri 30th dec

Yes that's correct. The odds of winning are still 24,000 to 1. But there's a lot fewer £25 prizes and a lot more of every prize from £50 to £100,000.

This will be my first draw..i joined at the start of November and I am very excited to be finally in the draw!. Just a quick question for you experts.I have added an extra £1000 to my holdings today. Will I have to wait until next month for them to be included or will they be added on straight away? Will be watching here closely on the big day!

They be included in Feb’s draw, @Chittering

I’ve only a few grand in and I put a little extra in monthly( £25-50) thanks to cost of living. It’s not my main savings just a handy place and I like the monthly fun.

I really don’t win often however I like the fact I’ve more chance of winning more than £25 as that’s all I’ve ever got!

Just joining as I moved some of my emergency fund into PBs in time for the January draw.
I really want to be that arsehole who swans in, wins a million then pisses off again. Wish me luck.

Totted up winnings this year - £575 in total, of which £425 has been in the last six months. 1.15% return overall. On full holdings.

@WobblyLondoner same for me.